Farfetch Limited (NYSE:FTCH) witnessed a sharp decline of over 39.5% in pre-market trading on Friday following the company's announcement of guidance that fell short of expectations.
The revenue for the quarter was $579.35 million, showing a 1.3% decrease compared to the previous year, which was worse than the consensus estimate of $648.27 million. The reported EPS stood at ($0.21), while the consensus estimate was ($0.28).
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